Tag: UK Hotel industry
BMO REP buys two newly developed hotels in UK
BMO Real Estate Partners has completed the acquisition of two newly developed Travelodge hotels. The two pre-let developments funded by BMO REP on behalf...
Hyatt to open new hotel in London
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into management agreement with R&F UK for a new Hyatt-branded hotel in London. The...
Capco to sell hotel development in Covent Garden for £76.5m
Capital & Counties Properties PLC (Capco) has exchanged contracts to sell the Wellington block, a freehold island site located on the south east corner...
Hyatt opens Great Scotland Yard hotel
Hyatt Hotels Corporation announced the opening of the 152-room Great Scotland Yard hotel as part of The Unbound Collection by Hyatt. On the site of the former...
Radisson Hotel Group to open resort in Kent, UK
Radisson Hotel Group has announced a partnership with The London Resort, a global entertainment destination due to open in 2024. Radisson Hotel Group will...
India’s Hero forms £500m JV with Catalyst Capital to invest in...
India's Hero Enterprise has formed a £500 million joint venture with Catalyst Capital, the European real estate investment and asset management firm, to invest...
Queensgate Investments buys Grange Hotels for £1bn
Queensgate Investments has completed the acquisition of the Grange St Paul's EC4, Grange Tower Bridge E1, Grange City EC3, and Grange Holborn WC1 for circa GBP...
Foreign investment in UK hotels totalled £3.4bn in 2018
Foreign investment in the UK hotels industry reached £3.4 billion in 2018, the highest level since 2015 (£4.3 billion), according to Savills. The firm notes...
